Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Venezuela

Fuel imports (% of merchandise imports) in Venezuela in 2013 — 0.83%. Ranked 169 in the world out of 171. Since 1962, the indicator has fallen by 0.12 pp.

2013 0.83% −0.13 pp vs 2012
World rank 169of 171
Period maximum 4.23%2001
Period minimum 0.4%2007

Trend over time

1962–2013 · % of merchandise imports

Fuel imports (% of merchandise imports) — Venezuela, 1962–2013024619621968197419801986199219982004201020131962: 0.95%1963: 0.69%1964: 0.86%1965: 0.69%1966: 0.78%1967: 0.65%1968: 0.84%1969: 0.77%1970: 1.42%1971: 0.9%1972: 0.78%1973: 0.78%1974: 0.52%1975: 0.69%1976: 0.51%1977: 0.67%1978: 0.59%1979: 1.14%1980: 1.63%1981: 0.79%1982: 0.58%1983: 2.71%1984: 2.81%1985: 2.38%1986: 2.27%1987: 1.81%1990: 3.27%1991: 2.38%1992: 1.28%1993: 1.2%1994: 1.49%1995: 1.11%1996: 1.41%1997: 3.3%1998: 1.98%1999: 2.51%2000: 3.64%2001: 4.23%2002: 2.62%2003: 1.89%2004: 1.61%2005: 0.81%2006: 0.5%2007: 0.4%2008: 0.75%2009: 3.73%2010: 0.91%2011: 0.71%2012: 0.97%2013: 0.83%
Change over the period: −0.12 pp Annual average: 0 pp

Comparison, 2013

How the value compares with the world and the groups this territory belongs to: Venezuela

Venezuela 0.83%
World 17.13%
South America computed 16.8%
Fuel imports (% of merchandise imports) — Venezuela, by year Venezuela All countries CSV XLSX
Year % Change, pp
2013 0.83 −0.13 pp
2012 0.97 +0.26 pp
2011 0.71 −0.2 pp
2010 0.91 −2.82 pp
2009 3.73 +2.97 pp
2008 0.75 +0.36 pp
2007 0.4 −0.1 pp
2006 0.5 −0.31 pp
2005 0.81 −0.8 pp
2004 1.61 −0.28 pp
2003 1.89 −0.73 pp
2002 2.62 −1.61 pp
2001 4.23 +0.59 pp
2000 3.64 +1.13 pp
1999 2.51 +0.54 pp
1998 1.98 −1.33 pp
1997 3.3 +1.89 pp
1996 1.41 +0.3 pp
1995 1.11 −0.38 pp
1994 1.49 +0.29 pp
1993 1.2 −0.08 pp
1992 1.28 −1.1 pp
1991 2.38 −0.89 pp
1990 3.27
1987 1.81 −0.46 pp
1986 2.27 −0.11 pp
1985 2.38 −0.44 pp
1984 2.81 +0.1 pp
1983 2.71 +2.14 pp
1982 0.58 −0.21 pp
1981 0.79 −0.84 pp
1980 1.63 +0.49 pp
1979 1.14 +0.56 pp
1978 0.59 −0.08 pp
1977 0.67 +0.16 pp
1976 0.51 −0.19 pp
1975 0.69 +0.17 pp
1974 0.52 −0.25 pp
1973 0.78 −0.01 pp
1972 0.78 −0.12 pp
1971 0.9 −0.52 pp
1970 1.42 +0.65 pp
1969 0.77 −0.07 pp
1968 0.84 +0.19 pp
1967 0.65 −0.13 pp
1966 0.78 +0.08 pp
1965 0.69 −0.16 pp
1964 0.86 +0.17 pp
1963 0.69 −0.25 pp
1962 0.95

About the indicator

The share of fuel in merchandise imports — the reverse side of fuel dependence. The indicator measures vulnerability to rising energy prices: a country spending a quarter of its imports on fuel loses as much when prices double as an exporter does when they fall. The series reacts visibly to oil shocks, and it shows that in the 1970s the share of fuel in the imports of developed countries rose several times over.

Important: The share is of value, not of volume, so it rises when fuel becomes more expensive even with no change in physical deliveries. The aggregate is weighted by merchandise imports — the denominator of the indicator.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.